Managed futures traders were down 0.07% in February according to the Barclay CTA Index compiled by BarclayHedge. The Index remains up 3.02% year to date.

“For eight of the past ten months, CTAs were able to generate returns from trends that provided ample profit opportunities,” says Sol Waksman, founder and president of BarclayHedge.
“But in February, intra-month reversals in fixed income and commodity markets provided a more difficult backdrop for momentum strategies.”

Only two of Barclay’s eight CTA indices had gains in February. The Financial/Metals Traders Index was up 0.53%, while the Currency Traders Index rose 0.01%.

On the losing side, the Agricultural Traders Index was down 2.05%, Diversified Traders gave up 0.54%, Discretionary Traders lost 0.48%, and Systematic Traders were down 0.17%.

The Barclay BTOP50 Index, which measures performance of the largest CTAs, was down 0.72% in February.